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AIRTP

Air T, Inc.

Price Chart
Latest Quote

$19.00

-0.12 (-0.65%)
Current Price
Previous Close $19.12
Open $18.96
Day High $19.00
Day Low $18.94
Volume 2,414
Fetched: 2026-07-16T09:51:00
Stock Information
Quarterly Dividend / Yield $2.00 / 10.53%
Shares Outstanding 3.04M
Quarterly Dividend Yield 10.53%
Quarterly Dividend $2.00
Total Debt $224.70M
Cash Equivalents $21.36M
Revenue $327.09M
Net Income $77.98M
Sector Industrials
Industry Conglomerates
P/E Ratio 56.52
EPS (TTM) $0.34
Exchange NGM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$265.96M
Sales$327.09M
Income$77.98M
Book/sh$29.54
Cash/sh$7.02
Employees2K
Financial Ratios
Quick Ratio0.64
Current Ratio1.68
Debt/Eq246.33
Returns & Margins
ROA-4.05%
ROE174.98%
Gross Margin22.71%
Operating Margin-11.39%
Profit Margin23.84%
Ownership
Institutional Ownership0.03%
Insider & Institutional transactions data not available
Valuation Ratios
P/B0.64
Analyst Data
Recommendationnone
Technical Indicators
SMA20$19.38
SMA50$19.32
SMA200$18.82
RSI38.50
ATR0.2221
Shares Float895K
Short Ratio0.36
Volatility0.30
Rel Volume4.95
Performance History
Week-1.91%
Month-0.05%
Quarter+3.43%
6 Months-1.00%
YTD+1.51%
Year+15.31%
3 Years+21.16%
5 Years+24.59%
10 Years+32.33%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-07-17 $18.99 11,900
2026-07-16 $18.99 1,300
2026-07-15 $19.00 4,300
2026-07-14 $19.12 1,200
2026-07-13 $19.20 5,200
2026-07-10 $19.36 3,000
2026-07-09 $19.45 3,800
2026-07-08 $19.75 800
2026-07-07 $19.65 900
2026-07-06 $20.20 5,600
2026-07-02 $19.55 1,800
2026-07-01 $19.51 500
2026-06-30 $19.55 600
2026-06-29 $19.54 200
2026-06-26 $19.50 2,800
2026-06-25 $19.10 100
2026-06-24 $19.20 1,200
2026-06-23 $19.25 500
2026-06-22 $19.44 1,900
2026-06-18 $19.18 500
About Air T, Inc.

Air T, Inc. provides overnight air cargo; ground support equipment; commercial aircraft, engines, and parts; digital solutions; and regional airline services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2026, this segment had 103 aircraft under the dry-lease agreements with FedEx. Its Ground Support Equipment segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment provide commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services to airlines and commercial aircraft leasing companies. This segment also offers composite aircraft structures, and repair and support services, as well as aircraft service and maintenance services. Its Digital Solutions segment develops and provides digital aviation and other business services to customers within the aviation industry. This segment also offers cloud-based software solutions for aviation aftermarket businesses. Its Regional Airline segment provides scheduled passenger services, air freight, charter services, ancillary passenger services, and government subsidies. As of March 31, 2026, this segment had 98 aircraft consisting of 57 owned SAAB 340B AND 340B+ twin-engine turboprop aircraft and remaining 41 aircraft includes the training fleet of the Australian Airline Pilot Academy. Air T, Inc. was incorporated in 1980 and is based in Charlotte, North Carolina.

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Income Statement (Annual)
Metric 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Revenue
Reconciled Cost Of Revenue $265,147,000 $231,659,000 $234,456,000 $198,498,000
Cost Of Revenue $265,147,000 $231,659,000 $234,456,000 $198,498,000
Total Revenue $327,090,000 $291,850,000 $286,834,000 $247,323,000
Operating Revenue $327,090,000 $291,850,000 $286,834,000 $247,323,000
Expenses
Interest Expense $12,297,000 $8,606,000 $6,688,000 $7,932,000
Total Expenses $345,987,000 $289,507,000 $285,570,000 $243,882,000
Other Income Expense $116,959,000 $1,223,000 $1,701,000 $-6,859,000
Other Non Operating Income Expenses $-193,000 $-209,000 $8,000 $-471,000
Net Non Operating Interest Income Expense $-12,042,000 $-8,554,000 $-6,920,000 $-7,935,000
Total Other Finance Cost $493,000 $323,000 $324,000 $331,000
Interest Expense Non Operating $12,297,000 $8,606,000 $6,688,000 $7,932,000
Operating Expense $80,840,000 $57,848,000 $51,114,000 $45,384,000
General And Administrative Expense $80,840,000 $57,848,000 $51,114,000 $42,844,000
Other Operating Expenses - - $2,912,000 $2,540,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $77,983,000 $-6,140,000 $-6,819,000 $-12,295,000
Net Interest Income $-12,042,000 $-8,554,000 $-6,920,000 $-7,935,000
Interest Income $748,000 $375,000 $92,000 $328,000
Normalized Income $-39,016,845 $-5,928,280 $-6,822,160 $-6,095,080
Net Income From Continuing And Discontinued Operation $77,983,000 $-6,140,000 $-6,819,000 $-12,295,000
Total Operating Income As Reported $-11,197,000 $1,908,000 $1,264,000 $-4,407,000
Net Income Common Stockholders $77,983,000 $-6,140,000 $-6,819,000 $-12,295,000
Net Income $77,983,000 $-6,140,000 $-6,819,000 $-12,295,000
Net Income Including Noncontrolling Interests $84,651,000 $-5,411,000 $-4,684,000 $-11,785,000
Net Income Continuous Operations $84,651,000 $-5,411,000 $-4,684,000 $-11,785,000
Pretax Income $86,020,000 $-4,988,000 $-3,955,000 $-11,353,000
Special Income Charges $118,890,000 $-435,000 $0 $-7,848,000
Earnings From Equity Interest $-1,740,000 $1,700,000 $1,689,000 $1,460,000
Interest Income Non Operating $748,000 $375,000 $92,000 $328,000
Operating Income $-18,897,000 $2,343,000 $1,264,000 $3,441,000
Gross Profit $61,943,000 $60,191,000 $52,378,000 $48,825,000
Net Income Discontinuous Operations - - - -
Other
Tax Effect Of Unusual Items $1,892,155 $-56,280 $840 $-1,648,080
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-8,235,000 $8,242,000 $5,527,000 $8,589,000
Total Unusual Items $118,892,000 $-268,000 $4,000 $-7,848,000
Total Unusual Items Excluding Goodwill $118,892,000 $-268,000 $4,000 $-7,848,000
Reconciled Depreciation $12,340,000 $4,356,000 $2,798,000 $4,162,000
EBITDA (Bullshit earnings) $110,657,000 $7,974,000 $5,531,000 $741,000
EBIT $98,317,000 $3,618,000 $2,733,000 $-3,421,000
Diluted NI Availto Com Stockholders $77,983,000 $-6,140,000 $-6,819,000 $-12,295,000
Minority Interests $-6,668,000 $-729,000 $-2,135,000 $-510,000
Tax Provision $1,369,000 $423,000 $729,000 $432,000
Gain On Sale Of Ppe $7,034,000 $0 $-18,000 $-8,000
Restructuring And Mergern Acquisition $-111,856,000 $435,000 $0 -
Gain On Sale Of Security $2,000 $167,000 $4,000 -
Selling General And Administration $80,840,000 $57,848,000 $51,114,000 $42,844,000
Other Gand A $80,840,000 $57,848,000 $51,114,000 $42,844,000
Write Off - - $1,195,000 $7,324,000
Impairment Of Capital Assets - - $0 $516,000
Other Special Charges - - - -
Fetched: 2026-07-03
Balance Sheet (Annual)
Metric 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Assets
Net Tangible Assets $54,963,000 $-23,778,000 $-16,748,000 $-10,762,000
Total Assets $409,123,000 $173,778,000 $177,167,000 $189,562,000
Total Non Current Assets $249,147,000 $95,271,000 $74,290,000 $73,005,000
Other Non Current Assets $7,568,000 $1,635,000 $3,630,000 $3,921,000
Non Current Note Receivables $4,760,000 $5,850,000 $0 -
Investmentin Financial Assets $9,286,000 $0 - -
Goodwill And Other Intangible Assets $24,847,000 $20,562,000 $21,518,000 $22,666,000
Other Intangible Assets $13,029,000 $10,020,000 $10,978,000 $12,103,000
Current Assets $159,976,000 $78,507,000 $102,877,000 $116,557,000
Other Current Assets $7,617,000 $4,678,000 $3,475,000 $3,261,000
Restricted Cash $4,938,000 $1,258,000 $2,135,000 $3,445,000
Prepaid Assets $8,851,000 $3,103,000 $2,351,000 $2,501,000
Inventory $77,127,000 $38,516,000 $60,720,000 $71,125,000
Receivables $40,085,000 $24,598,000 $26,565,000 $30,419,000
Taxes Receivable $196,000 $681,000 $561,000 $536,000
Accounts Receivable $39,889,000 $23,917,000 $22,911,000 $27,218,000
Allowance For Doubtful Accounts Receivable $-1,614,000 $-1,338,000 $-1,420,000 $-1,160,000
Gross Accounts Receivable $41,503,000 $25,255,000 $24,331,000 $28,378,000
Cash Cash Equivalents And Short Term Investments $21,358,000 $6,354,000 $7,631,000 $5,806,000
Cash And Cash Equivalents $20,332,000 $5,932,000 $7,100,000 $5,806,000
Other Receivables - $180,000 $3,093,000 $3,201,000
Debt
Net Debt $188,779,000 $108,963,000 $105,826,000 $119,279,000
Total Debt $224,703,000 $129,115,000 $125,202,000 $137,520,000
Long Term Debt And Capital Lease Obligation $216,752,000 $116,357,000 $109,083,000 $97,120,000
Long Term Debt $204,563,000 $104,514,000 $98,568,000 $86,349,000
Current Debt And Capital Lease Obligation $7,951,000 $12,758,000 $16,119,000 $40,400,000
Current Debt $4,548,000 $10,381,000 $14,358,000 $38,736,000
Other Current Borrowings $4,548,000 $10,381,000 $14,358,000 $38,736,000
Liabilities
Total Liabilities Net Minority Interest $317,902,000 $168,242,000 $158,371,000 $163,870,000
Total Non Current Liabilities Net Minority Interest $222,378,000 $120,581,000 $111,530,000 $99,584,000
Other Non Current Liabilities $2,267,000 $1,975,000 - $47,000
Non Current Deferred Liabilities $3,359,000 $2,249,000 $2,447,000 $2,417,000
Non Current Deferred Taxes Liabilities $3,359,000 $2,249,000 $2,447,000 $2,417,000
Current Liabilities $95,524,000 $47,661,000 $46,841,000 $64,286,000
Other Current Liabilities $198,000 $430,000 - -
Current Deferred Liabilities $22,153,000 $3,686,000 $2,956,000 $2,440,000
Payables And Accrued Expenses $65,222,000 $30,787,000 $27,766,000 $21,446,000
Interest Payable $3,542,000 $955,000 - -
Payables $37,658,000 $17,782,000 $15,072,000 $10,753,000
Total Tax Payable $687,000 $0 $139,000 $304,000
Income Tax Payable $687,000 $0 $139,000 $304,000
Accounts Payable $36,971,000 $17,782,000 $15,072,000 $10,449,000
Equity
Common Stock Equity $79,810,000 $-3,216,000 $4,770,000 $11,904,000
Total Equity Gross Minority Interest $91,221,000 $5,536,000 $18,796,000 $25,692,000
Stockholders Equity $79,810,000 $-3,216,000 $4,770,000 $11,904,000
Gains Losses Not Affecting Retained Earnings $4,249,000 $-647,000 $-80,000 $816,000
Retained Earnings $80,113,000 $2,130,000 $8,192,000 $13,686,000
Long Term Equity Investment $26,068,000 $19,003,000 $16,653,000 $13,230,000
Preferred Securities Outside Stock Equity - - - -
Other
Treasury Shares Number $328,870 $327,606 $256,850 $208,121
Ordinary Shares Number $2,701,375 $2,702,639 $2,775,163 $2,818,374
Share Issued $3,030,245 $3,030,245 $3,032,013 $3,026,495
Tangible Book Value $54,963,000 $-23,778,000 $-16,748,000 $-10,762,000
Invested Capital $288,921,000 $111,679,000 $117,696,000 $136,989,000
Working Capital $64,452,000 $30,846,000 $56,036,000 $52,271,000
Capital Lease Obligations $15,592,000 $14,220,000 $12,276,000 $12,435,000
Total Capitalization $284,373,000 $101,298,000 $103,338,000 $98,253,000
Minority Interest $11,411,000 $8,752,000 $14,026,000 $13,788,000
Treasury Stock $6,432,000 $6,404,000 $4,959,000 $4,083,000
Additional Paid In Capital $1,122,000 $947,000 $859,000 $728,000
Capital Stock $758,000 $758,000 $758,000 $757,000
Common Stock $758,000 $758,000 $758,000 $757,000
Preferred Stock $0 $0 $0 $0
Long Term Capital Lease Obligation $12,189,000 $11,843,000 $10,515,000 $10,771,000
Current Deferred Revenue $22,153,000 $3,686,000 $2,956,000 $2,440,000
Current Capital Lease Obligation $3,403,000 $2,377,000 $1,761,000 $1,664,000
Current Accrued Expenses $27,564,000 $13,005,000 $12,694,000 $10,693,000
Investments And Advances $35,354,000 $19,003,000 $16,653,000 $13,230,000
Held To Maturity Securities $9,286,000 $0 - -
Goodwill $11,818,000 $10,542,000 $10,540,000 $10,563,000
Net PPE $176,618,000 $48,221,000 $32,489,000 $33,188,000
Accumulated Depreciation $-18,631,000 $-10,691,000 $-7,713,000 $-6,847,000
Gross PPE $195,249,000 $58,912,000 $40,202,000 $40,035,000
Leases $9,011,000 $8,393,000 $7,656,000 $7,666,000
Other Properties $147,907,000 $29,387,000 $11,636,000 $11,972,000
Machinery Furniture Equipment $10,983,000 $7,282,000 $7,060,000 $6,547,000
Buildings And Improvements $27,348,000 $13,850,000 $13,850,000 $13,850,000
Other Short Term Investments $1,026,000 $422,000 $531,000 $0
Fetched: 2026-07-03
Cash Flow Statement (Annual)
Metric 2026-03-31 2025-03-31 2024-03-31 2023-03-31
Free Cash Flow
Free Cash Flow $-41,527,000 $7,817,000 $16,102,000 $15,731,000
Operating Activities
Operating Cash Flow $-25,044,000 $23,496,000 $17,178,000 $16,909,000
Cash Flow From Continuing Operating Activities $-25,044,000 $23,496,000 $17,178,000 $16,909,000
Operating Gains Losses $-5,294,000 $-1,700,000 $-1,689,000 $-1,460,000
Cash From Discontinued Operating Activities - - - -
Investing Activities
Capital Expenditure $-16,483,000 $-15,679,000 $-1,076,000 $-1,178,000
Investing Cash Flow $-21,803,000 $-20,189,000 $-2,499,000 $-6,168,000
Cash Flow From Continuing Investing Activities $-21,803,000 $-20,189,000 $-2,499,000 $-6,168,000
Net Other Investing Changes $-8,691,000 $-3,513,000 $18,000 $-111,000
Capital Expenditure Reported $-16,483,000 $-15,679,000 $-1,076,000 $-1,178,000
Cash From Discontinued Investing Activities - - - -
Financing Activities
Repurchase Of Capital Stock $-28,000 $-1,445,000 $-876,000 -
Financing Cash Flow $65,399,000 $-4,801,000 $-13,910,000 $-12,380,000
Cash Flow From Continuing Financing Activities $65,399,000 $-4,801,000 $-13,910,000 $-12,380,000
Net Other Financing Charges $-4,399,000 $758,000 $-616,000 $-1,528,000
Net Common Stock Issuance $-28,000 $-1,445,000 $-876,000 -
Dividends Received Cfi $5,441,000 $6,030,000 $3,192,000 $683,000
Other
Repayment Of Debt $-154,571,000 $-166,416,000 $-170,297,000 $-160,808,000
Issuance Of Debt $221,296,000 $161,392,000 $149,099,000 $149,956,000
Income Tax Paid Supplemental Data $850,000 $983,000 $917,000 $1,026,000
End Cash Position $25,270,000 $6,757,000 $7,843,000 $7,090,000
Beginning Cash Position $6,757,000 $7,843,000 $7,090,000 $8,368,000
Effect Of Exchange Rate Changes $-39,000 $408,000 $-16,000 $361,000
Changes In Cash $18,552,000 $-1,494,000 $769,000 $-1,639,000
Proceeds From Stock Option Exercised $3,101,000 $910,000 $8,780,000 $0
Common Stock Payments $-28,000 $-1,445,000 $-876,000 -
Net Issuance Payments Of Debt $66,725,000 $-5,024,000 $-21,198,000 $-10,852,000
Net Short Term Debt Issuance $9,449,000 $5,139,000 $-17,707,000 $6,371,000
Short Term Debt Payments $-135,527,000 $-131,376,000 $-141,956,000 $-132,958,000
Short Term Debt Issuance $144,976,000 $136,515,000 $124,249,000 $139,329,000
Net Long Term Debt Issuance $57,276,000 $-10,163,000 $-3,491,000 $-17,223,000
Long Term Debt Payments $-19,044,000 $-35,040,000 $-28,341,000 $-27,850,000
Long Term Debt Issuance $76,320,000 $24,877,000 $24,850,000 $10,627,000
Net Business Purchase And Sale $-21,959,000 $-7,027,000 $-4,633,000 $-5,562,000
Purchase Of Business $-21,959,000 $-7,027,000 $-4,633,000 $-5,562,000
Net PPE Purchase And Sale $19,889,000 $0 - -
Sale Of PPE $19,889,000 $0 - -
Change In Working Capital $-10,364,000 $22,419,000 $18,264,000 $17,383,000
Change In Other Working Capital $-2,177,000 $-464,000 $-2,827,000 $5,213,000
Change In Other Current Assets $-2,851,000 $264,000 - -
Change In Payables And Accrued Expense $22,102,000 $3,797,000 $7,001,000 $99,000
Change In Accrued Expense $5,761,000 $1,087,000 $2,378,000 $-893,000
Change In Payable $16,341,000 $2,710,000 $4,623,000 $992,000
Change In Account Payable $16,341,000 $2,710,000 $4,623,000 $992,000
Change In Inventory $-24,091,000 $20,630,000 $9,103,000 $10,163,000
Change In Receivables $-3,347,000 $-1,808,000 $4,987,000 $1,908,000
Changes In Account Receivables $-3,347,000 $-1,808,000 $4,047,000 $-6,290,000
Other Non Cash Items $4,813,000 $3,832,000 $1,294,000 $769,000
Asset Impairment Charge $-111,190,000 $0 $1,195,000 $7,840,000
Depreciation Amortization Depletion $12,340,000 $4,356,000 $2,798,000 $4,162,000
Depreciation And Amortization $12,340,000 $4,356,000 $2,798,000 $4,162,000
Earnings Losses From Equity Investments $1,740,000 $-1,700,000 $-1,689,000 $-1,460,000
Gain Loss On Sale Of PPE $-7,034,000 $0 - -
Net Income From Continuing Operations $84,651,000 $-5,411,000 $-4,684,000 $-11,785,000
Interest Paid Supplemental Data - $8,437,000 $3,891,000 $5,867,000
Net Investment Purchase And Sale - - - $0
Sale Of Investment - - - $0
Purchase Of Investment - - - -
Fetched: 2026-07-03